Overview
Employees
51-200 employees
Type
Public Limited Company
Headquarters
Bangkok , Bangkok
JP Insurance Public Company Limited is Set to Become No. 1 InsurTech Firm, the Powerful Alliance of “Phoenix Insurance” & “Jaymart Group”! Phoenix Insurance (Thailand) Public Company Limited has unveiled it's business plan to rebranding as “JP insurance” after 20 years of operation with a revamped proactive marketing approach in 2018. Recreate various insurance solution and expands customer based while moving forward to digital services. With a synergy support from Jaymart Group, the leading retail and finance company, with set to become No.1 InsurTech firm. JP Insurance is the joint venture between Phoenix Insurance (Thailand) Public Company Limited and Jaymart Group. As a key partner, Jaymart Group has invested more than 390 million baht in the insurance firm and acquired 55 percent of its shares. This strategic move has led to the rebranding of Phoenix Insurance (Thailand) Public Company Limited, with the firm being renamed as JP Insurance Public Company Limited with its Capital Adequacy Ratio rising to among the top tier in the country’s insurance industry. While “J” in the company’s name stands for Jaymart group and “P” represents Phoenix, which has operated in an insurance business for over two decades. The new brand name will become official across the country from 1 May 2018 onward. Jaymart Group has a strong diversified businesses. Covering retails, financing, personal loan, debt-collection and real estate development business. Which leads to opportunity to generate revenue and profit through InsurTech while enhance overall group’s strength. Jaymart Group has made a strategic move in investing in Phoenix Insurance because of growth potential in insurance industry as well as ability to support synergy strategy. Jaymart Group will be able to leverage its strengths – including more than 200 retail distribution channels and nationwide Singer sale representatives– in support of insurance products. Attractive insurance solutions can be designed and deliver based on Big Data of more than seven million customers of Jaymart mobile, JMT, JAS Aset, J-Fintech, J Capital, J-Venture and Singer. JMT Network Services Public Company Limited ("JMT"), for example, has 3 million customers with the needs of protection. JAS Asset (as known as The Jas community malls) has also had customers who need risk management. JP Insurance therefore fills in perfectly to boost Jaymart Group’s synergy, strengths, and business growth. Especially with FinTech to offer customer both products and services. JP Insurance Public Company Limited's vision is to transform our business towards digital transformation. Our ultimate business vision is to deliver a memorable customer experience through InsurTech ecosystem. In pursuit of the corporate goal to become the No. 1 InsurTech firm, JP insurance Public Company Limted has formulated a clear strategy to develop a digital-driven ecosystem as a core strategy and for its business operations. Its partners, agents, and customers will be connected via technologies under the Faster, Better, Cheaper, Together concept. JP Insurance will support its strategy with #InsurTechAwakening marketing communication campaign and strive to become the innovative insurance leader. https://siamrath.co.th/n/33598 JP INSURANCE PUBLIC COMPANY LIMITED is located in HUAI KHWANG, Bangkok, Thailand and is part of the Property/Casualty Insurance Carriers Industry. JP INSURANCE PUBLIC COMPANY LIMITED has 100 employees at this location. There are 9 companies in the JP INSURANCE PUBLIC COMPANY LIMITED corporate family. JP INSURANCE PUBLIC COMPANY LIMITED is located in HUAI KHWANG, Bangkok, Thailand and is part of the Property/Casualty Insurance Carriers Industry. JP INSURANCE PUBLIC COMPANY LIMITED has 100 employees at this location. (Employees figure is estimated). There are 9 companies in the JP INSURANCE PUBLIC COMPANY LIMITED corporate family.
